Tashkent, Uzbekistan (UzDaily.uz) — Uzmetkombinat has held talks with specialists from US and Australian companies on a project to develop the Tebinbulak iron ore deposit, the company said.
The parties discussed the project's prospects, the deposit's industrial potential and its technical and economic aspects.
They paid particular attention to the possibility of drawing on international expertise to develop the deposit.
Participants also exchanged views on the next stages of the project and possible areas for further cooperation.
Uzmetkombinat said cooperation with foreign specialists would allow it to examine the Tebinbulak deposit's potential and development prospects in greater detail.
The company also views the project as one step towards securing its independence in raw material supplies.
Its implementation is expected to establish a local iron ore resource base, reduce dependence on imports and expand production capacity in Uzbekistan's metallurgical industry.